Refer to the Accompanying Payoff Matrix

Multiple Choice

Refer to the accompanying payoff matrix.Which of the following is a Nash equilibrium?

A) Company A chooses Strategy 1 and Company B chooses Strategy 1.
B) Company A chooses Strategy 1 and Company B chooses Strategy 2.
C) Company A chooses Strategy 2 and Company B chooses Strategy 2.
D) Company A chooses Strategy 2 and Company B chooses Strategy 1.
E) None of the above.